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Bank7
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Bank7 bids $68m for Century Financial control as Southwest banking consolidation accelerates
Bank7 has agreed to acquire approximately 71% of Century Financial Services through a court-supervised auction. The deal would add nine New Mexico branches, $1.22 billion in deposits and a platform centred on Santa Fe, but Bank7 can still be outbid and will inherit the complexities of controlling a bank with minority shareholders.
Discover how Bank7’s newest merger might benefit your home financing
Bank7 has announced its acquisition of First American Mortgage, Inc., a move aimed at strengthening its residential mortgage…